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The income statement and additional data of McKnight Services, Inc., follow: B (Click the icon to view the income statement.) (Click the icon to view

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The income statement and additional data of McKnight Services, Inc., follow: B (Click the icon to view the income statement.) (Click the icon to view the additional data.) Read the requirements. Requirement 1. Calculate the cash conversion cycle for Mcknight Services. Round all calculations to two decimal places. Assume all sales are on credit. (Use a 365-day year for computations. Do not round any intermediary calculations, but then round each amount you enter into the table below to two decimal places, X.XX. Abbreviation used: A/P = accounts payable; A/R = accounts receivable.) Cash conversion + cycle +

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